Bad news for South Africans who love chicken

Loading player...
GUEST - Fred Hume, Managing Director of Hume International

Hume International managing director Fred Hume said irrational import bans on poultry lead to South Africans paying far more for their favourite protein than necessary.

Hume pointed out that the cost, insurance, and freight (CIF) price of one kilogram of mechanically deboned meat (MDM) is currently around R9.46 in the Philippines.

MDM is a key ingredient in producing processed meats such as viennas, sausages, and polonies, which are staples of many local diets.

However, in South Africa, this cost is around R17.20/kg – nearly double. Hume said the reason for this is “grossly inconsistent trade practices and irrational import regulations”.
10 Oct 2024 2PM English South Africa Business News · Investing

Other recent episodes

INSIDE YOUR BUSINESS: Transformation fund: opportunity or threat for SMEs?

The government is preparing to launch a revamped Transformation Fund as early as next week, rewriting incentives that have shaped corporate behaviour for more than two decades. Joining Gugulethu today is Jamell Khan from Unconventional CA (UCA), who has been vocal about the risks of centralising corporate transformation funds.
28 Jan 1PM 12 min

SAFDA’s plan to rescue Tongaat-Hulett and protect farmers’ livelihoods

South Africa’s sugar industry faces a critical moment as Tongaat-Hulett, one of the country’s oldest and most prominent sugar producers, confronts provisional liquidation despite ongoing efforts to stabilise the business. South African Farmers’ Development Association (SAFDA), led by Chairperson Dr Siyabonga Madlala, has stepped in to assure farmers and employees…
19 Feb 2PM 17 min

South African professionals are facing a new era of stress

South African professionals are facing a new era of stress, one that is no longer confined to busy periods or isolated pressures but embedded in the fabric of everyday life. The 2025 Profmed Stress Index released on Thursday reveals a workforce grappling with financial strain, toxic workplace cultures, systemic instability…
19 Feb 2PM 11 min